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Established Restaurant/Cafe/Bar Suffolk County, NY 31577

Suffolk County, NY

Established Restaurant/Cafe/Bar Suffolk County, NY 31577
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Asking Price: $1,200,000

Cash Flow: $325,000

Gross Revenue: $1,481,000

EBITDA: N/A

FF&E: $100,000

Inventory: N/A

Established: N/A

Established Restaurant/Cafe/Bar Suffolk County, NY 31577

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Business Description

Long Established North Shore Restaurant and Bar. Steps from the harbor in popular North Shore Village on the main road.Front and rear patios and large 38 foot bar (seats 17) inside plus 26 tables. Own parking lot with 17 spots. Seafood, Steaks, etc. No lunch Mon-Friday which is huge opportunity for buyer. Lunch would add 30-35% to the gross sales.Poor social media. Run semi absentee and needs full time owner operator. Bar is very active = 1/3 of sales.No website. 2 New AC system, 3 walk in boxes. 12 tap system with dedicated barrel walk in box. Menu and prices need to be updated and raised. Does not do parties and catering- opportunity for active buyer. Seller owns property and real estate is available and offered by Vested Realty Group at $1.2m. POS system also located outside on the patio. This town is very popular and the streets are filled with people every evening- especially in summer due to the waterfront location.Rare opportunity for business and real estate in the heart of this town. Proof of funds and prior restaurant experience is required for a meeting with the owner. Contact broker Joseph Stansky for more details.

Detailed Information

Location:
Suffolk County, NY
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Retirement
Support & Training:
Yes
Business Website:
http://www.vestedbb.com/lid-31577
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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